ETFs Attract $3 Billion as US Equity Funds Gain $1.6 Billion, US Fixed-Income Funds Lose $414.7 Million

VanEck Semiconductor ETF (SMH) attracted $604.7 million, bringing its assets under management to $27.1 billion. Vanguard S&P 500 ETF (VOO) gained $1.4 billion, while SPDR Portfolio S&P 500 ETF (SPLG) collected $700.6 million. Vanguard Total Stock Market ETF (VTI) pulled in $568.1 million, and iShares Core S&P Total U.S. Stock Market ETF (ITOT) gained nearly $543 million. Overall, ETFs gained $3 billion ahead of the July 4 market holiday.

Title: ETF Flows and Market Performance: A Strong Jobs Report Drives Semiconductor ETFs and S&P 500 Funds

On Thursday, July 2, 2025, the VanEck Semiconductor ETF (SMH) attracted $604.7 million, boosting its assets under management to $27.1 billion. This significant inflow came as the Dow Jones Industrial Average climbed 344 points, following the release of nonfarm payrolls data for June, which exceeded expectations by 147,000 jobs. The S&P 500 closed at a record high of 6,279.35 [1].

The strong jobs report also drove inflows into other major ETFs. The Vanguard S&P 500 ETF (VOO) gained $1.4 billion, while the SPDR Portfolio S&P 500 ETF (SPLG) collected $700.6 million. The Vanguard Total Stock Market ETF (VTI) pulled in $568.1 million, and the iShares Core S&P Total U.S. Stock Market ETF (ITOT) gained nearly $543 million as the Nasdaq-100 rose 1% [1].

In contrast, the SPDR S&P 500 ETF Trust (SPY) saw outflows of $3.9 billion, and the iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) lost $535.2 million. The iShares 20+ Year Treasury Bond ETF (TLT) experienced outflows of $507.6 million as Treasury yields spiked on the strong jobs data [1].

Overall, U.S. equity ETFs gained $1.6 billion, while U.S. fixed-income ETFs lost $414.7 million. International equity ETFs attracted $1.2 billion. The total ETF flows for the day amounted to $3 billion ahead of the July 4 market holiday [1].

The top 10 ETFs by net flows showed a mix of inflows and outflows. The Vanguard S&P 500 ETF (VOO) led the inflows with $1.38 billion, followed by the SPDR Portfolio S&P 500 ETF (SPLG) with $700.6 million. The VanEck Semiconductor ETF (SMH) attracted $604.7 million, and the Vanguard Total Stock Market ETF (VTI) pulled in $568.1 million. The iShares Core S&P Total U.S. Stock Market ETF (ITOT) gained nearly $543 million [1].

In summary, the strong jobs report and subsequent market performance drove significant inflows into semiconductor and S&P 500 ETFs, contributing to overall ETF gains ahead of the July 4 market holiday.

References:
[1] https://www.etf.com/sections/daily-etf-flows/smh-attracts-605m-strong-jobs-data-lift-markets